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Overseas Property That Pays For Itself

Park Lake

  • From $50,900 / £30,000

  • Tenanted - Income from day one
  • $150k cheaper than 2008 prices
  • Fully Refurbished
Register Interest

Amenities:

  • Tennis

    Tennis

  • Pool

    Pool

  • Gym

    Gym

Overview

A truly outstanding opportunity to purchase a tenanted apartment, discounted by over $150k and providing income from day one, with net yields in the region of 6%.

We have negotiated the lowest prices ever for the last 30 tenanted apartments. This gives the investor an opportunity to purchase a super property, priced at over $150k lower than 2008 prices.

We have a selection of 1 and 2 bedroom properties available on a strictly first come first served basis. Many of these properties have lake and pool views, however, these will be the first to go so please contact us immediately to register your interest and check availability.

This is a hassle free opportunity; we take care of management, maintenance, bank accounts, tax numbers, transfer of profits and more!

Our previous tenanted apartments sold out within 14 days. To avoid disappointment and missing out on this incredible opportunity, please email or call us today for further details.

The Development

The elegantly remodelled clubhouse offers a state-of-the-art fitness centre, billiards room and resort-style pool and grill area -- perfect for entertaining. Just beyond, you will be greeted with spectacular views of the lake and waterfront gazebo.

Spacious site layout - units are only 2 floors high

2 lovely lakes and a several units have views

Units have all been very recently refurbished including new carpet, paint, kitchen with high-end black appliances

Within walking distance of Brandon Medical Centre and hospital - an excellent local employer

Very attractive prices

Park Lake was built in 1988 and the total refurbishment took place in 2007.

Deal Summary - Cash flow Positive Investment

Park Lake, Tampa, Florida
   
     
Purchase Price
$50,900
$60,900
     
Bedrooms / Bathrooms
One / One
Two / Two
     
Purchase Costs    
Management Setup
$0
$0
Closing Costs (title insurance, recording fees, search fees etc)
$1,250
$1,250
Total Estimated Costs
$1,250
$1,250
     
Estimated Gross Monthly Rental Income
$725
$875
     
Monthly Running Costs    
Management 10%
$72.00
$87.00
Real Estate Tax (may be reduced)
$130
$166
HOA Fees (Home Ownership Association)
$211 
$283
Insurance
$30 $30
     
Monthly Net Cash Flow
$282
$309
Net Yield
6.65% 6.09%

If you are looking for a hassle free property - with income from day one and priced lower than a bank repo - this is it.

This is a fantastic 'Buy-to-Let' deal. Instant Income and with prices in Florida at the bottom of the growth cycle, you have the potential to double your money in the medium to long-term.

Amenities

  • Elegant clubhouse with state-of-the-art fitness centre
  • Resort-style pool with arbor and grill area
  • Lakeside gazebo
  • Remodelled racquetball and tennis court
  • New billiards room

Features

  • All new GE appliances, cabinetry, countertops, lighting package, paint,
  • carpet and ceramic tile
  • Unique floor plans
  • New designer hardware and fixtures
  • Full-size washer and dryer
  • Enclosed balcony or patio per plan
  • Beautiful lake or pool views available.
  • These units will sell extremely quickly. To avoid disappointment - email or call us today.
  • The Location
  • The development is close to dining, shopping and the entertainment hub. Across the street, you will find the Brandon Regional Hospital, an excellent local employer.
  • Just minutes from the Brandon Town Centre and easy access to I-75, Crosstown Expresssway, US-301 and the Downtown Tampa area.
  • 25 minutes to the beach.

Simply Purchase Process

  1. Client identifies unit they would like to purchase and reservation form is completed.
  2. Client wires reservation deposit of $5,000 directly to the Title Company's secure Escrow account.
  3. Purchase Agreement will be emailed to the client for their review & signature. This is then returned to the USA.
  4. Title Company prepare final documentation which will be sent by courier to the client circa 2 weeks after the initial Purchase Agreement is returned.
  5. Some of these documents will be time sensitive and will need to be notarized. Client then signs / initials all and returns to the USA.
  6. Client wires the remaining balance to Title Company's secure Escrow account.
  7. Congratulations! You are now the proud owner of your Florida Investment Property.

Don't Miss Out - Reserve Your Tenanted Florida Property Today!

Timing your entry and exit in a property market is a key element in becoming a successful investor. The eagle eyed property investor is always looking to buy either at the end of a recession, the bottom, or the recovery stage, whilst looking to realise profits by selling or via the release of equity during the expansion and peak stages.

Property prices in Florida are starting to increase and properties are selling quickly, to avoid disappointment we encourage all interested parties to contact us today to reserve your property. Units are allocated on first come basis. The time to secure your Florida property investment is NOW!

If you are looking for a hassle free property - with tenant in place and income from day one - this is it.

Currency Disclaimer: Sterling, Euro and US Dollar guide prices are liable to currency fluctuations

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